Acierto.com Sold by Bauer Media Group
Deal News | Jan 28, 2025 | Iberian Lawyer
DLA Piper has successfully advised Bauer Media Group on the sale of Acierto.com, a prominent insurance comparison website based in Spain. This announcement underscores Bauer Media’s strategic decision to divest Acierto.com in a move facilitated by an international team from DLA Piper. The legal team, led by partner Jos Mara Gil Robles, focused on delivering comprehensive strategic legal advice to ensure a smooth transaction process. Key personnel included Benjamin Parameswaran, Philipp Clemens, Remei Snchez, Paz de la Iglesia, Beatriz de Basterrechea, Ana Izquierdo, and Jess Snchez. Stefan Engels from Bauer Media expressed satisfaction with the outcome of the deal, highlighting the collaborative efforts of both companies. This transaction exemplifies DLA Piper's role in aiding European corporate entities with strategic divestments.
Sectors
- Media
- Insurance
- Legal Services
Geography
- Spain – Acierto.com is based in Spain, making this location significant to the transaction.
- Europe – Bauer Media Group is a leading media company based in Europe.
Industry
- Media – Bauer Media Group is a leading European media company involved in the transaction.
- Insurance – Acierto.com is an insurance comparison company that was sold in this transaction.
- Legal Services – DLA Piper provided strategic legal advice for the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acierto.com | Target Company | Company | A leading insurance comparison company based in Spain. |
| Bauer Media Group | Vendor | Company | A leading European media company. |
| DLA Piper | Legal Advisor | Company | An international law firm providing legal services for the transaction. |
| Stefan Engels | International Client Relations Partner | People | Represents Bauer Media Group, commenting on the transaction. |
| Jos Mara Gil Robles | Partner and Head of Corporate Department | People | Led the DLA Piper team advising on the transaction. |
| Benjamin Parameswaran | Partner | People | Responsible for DLA Piper's global M&A for Bauer Media Group. |
| Philipp Clemens | Partner | People | Contributed to the DLA Piper team advising Bauer Media Group. |
| Remei Snchez | Counsel | People | Part of the DLA Piper team advising on the transaction. |
| Paz de la Iglesia | Partner | People | Assisted in the legal advisory team from DLA Piper. |
| Beatriz de Basterrechea | Legal Director | People | Involved in the transaction as part of DLA Piper’s team. |
| Ana Izquierdo | Senior Associate | People | Participated in the DLA Piper team advising on the sale. |
| Jess Snchez | Senior Associate | People | A member of the legal team from DLA Piper assisting in the transaction. |